📢 Live NOW: UK Parliament’s Backbench Debate on Debt in Low-Income Countries The world’s poorest countries are in a debt crisis stopping many from investing in healthcare and education. Thousands of our supporters emailed their MPs to attend. Watch live www.parliamentlive.tv/Event/Index/... - ThreadSky

debtjustice.bsky.social • 22 days ago

📢 Live NOW: UK Parliament’s Backbench Debate on Debt in Low-Income Countries

The world’s poorest countries are in a debt crisis stopping many from investing in healthcare and education.

Thousands of our supporters emailed their MPs to attend. Watch live https://www.parliamentlive.tv/Event/Index/a6eedeb0-3e3a-414f-aed5-4a5f4b8f647b

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debtjustice.bsky.social•22 days ago

90% of debt contracts used by the global south are rooted in UK law. So the UK could play a massive role in ending the debt crisis.
This bill outlines why we need a new debt justice law to address the injustices faced by the global south.
Here’s Karina’s thread on the bill https://bsky.app/profile/kpatricio.bsky.social/post/3ld4kzsb4pk2s

debtjustice.bsky.social•22 days ago

Kicking off is @bambosmp.bsky.social on the success of our Jubilee 2000 Drop The Debt campaign.

It was good, but not enough and now countries are in a similar situation again. Private creditors are making a profit from suffering.

But millions of people are coming together to say #CancelTheDebt

debtjustice.bsky.social•22 days ago

"The debt crisis leading to more poverty, hunger and war...[Lower income countries] can't negotiate as power held by private creditors who have one incentive, to hold out for more profit."

- MP Jeevun Sandher

It is vital for the UK to pass a debt justice law. Thank you @jeevunsandher.bsky.social

debtjustice.bsky.social•22 days ago

"We're facing the most acute debt crisis in history, spending more on debt servicing than providing vital public services... We are in a jubilee year - as said in the bible, let's be open hearted and give what is needed. Not generosity but JUSTICE"

Wise and important words from MP Brian Mathew

debtjustice.bsky.social•22 days ago

Kenya spent more than 5 times on debt repayments than on climate protection. They are paying for a crisis they did not create.

"[This bill] addresses the structural inequalities of colonialism, which have been instrumental in creating the debt that we are addressing today" - MP Bell Ribeiro-Addy

debtjustice.bsky.social•22 days ago

"The case for debt cancellation is clear - it allows countries to be independent of oversees development. It has seen to reduce poverty, increase education opportunities... We support FULL DEBT CANCELLATION"

- MP Monica Harding

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